On an annual basis, the company reported a 20% increase in revenue, which contributed to an impressive 89% rise in profit before tax. The profit after tax saw a remarkable increase of 105%, underscoring the company's strong financial management and operational efficiency.
The profit was boosted by substantial 'other income' of Rs 16.5 billion this year compared to Rs 6 billion last year.
The financial charges registered an increase of 35%.
The tax rate for the year was 30%, comparing to 36% in the previous year, providing a boost to the company's net earnings.
In the final quarter (Q4 June 2024), LUCK reported a net income of Rs. 32.3 per share and declared a cash dividend of Rs. 15 per share. Notably, the profit after tax in this quarter surged by 78% over the average of the last four quarters, highlighting a strong finish to the fiscal year.
LUCK is currently trading at a price-to-earnings ratio of 9.0, with a dividend yield of 1.74%.
Luck has good set of weighting in PSX Indices. The company has a 3.09% exposure in the KSE100 Index, 4.42% in the KSE30 Index, and 6.98% in the KMI30 Index, indicating its significant presence in the market.
Ownership of LUCK shares is concentrated, with directors, sponsors, and associated companies holding nearly 53% of the shares.
LUCK boasts a substantial investment portfolio comprising both quoted and unquoted companies, with this long-term investment portfolio accounting for approximately 37% of the company’s total fixed assets. Notably, LUCK holds a 55% stake in Lucky Core Industries Ltd (formerly ICI), further diversifying its business interests and strengthening its financial foundation.
https://dps.psx.com.pk/download/document/235044.pdf
